Taiwan Semiconductor Manufacturing Company Limited (TSMC), established in 1987 with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan, is best known for dedicated semiconductor foundry business, which is the manufacturer of integrated circuits (ICs) for customers based on their own or third parties' IC designs.

The Company's chips are used in computer products, communications products and consumer electronic products. Various fabless high-tech companies such as Qualcomm, Altera, Broadcom, Conexant, Marvell, NVIDIA, and VIA are customers of TSMC.

Performance

The company's stock price closed at NT$214 on the TSE on Thursday, August 17, 2017.

The company has reported consolidated revenues of NT$71,611 million for July 2017, representing a 14.9% drop on month and 6.3% drop on year.

For the first quarter of 2017, the company totaled NT$233,914 million in consolidated revenues, down 10.8% sequentially and up 15% on year.

This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

Digitimes Research expects global AP shipments to surpass the 1.9 billion mark in 2017, with smartphones remaining the main application. Qualcomm will be leading the market in 2017, as other players continue playing catch up and scramble for funds to invest in more diverse applications.